As we’ve written about in the past, residents of continuing care retirement communities (CCRCs or “life plan communities”) often are able to take a tax deduction on a portion of their monthly fee (and even on any non-refundable portion of the entry fee in the first year). This deduction is available under Section 213 of [...]
As temperatures begin to drop in many areas of the country, some older people may start to ponder if spending their retirement in Florida might be the way to go. For so-called “snowbirds” who have already made this senior living decision, cooler weather is a sure sign that it’s time for their annual trip south [...]
The University of Michigan’s Institute for Healthcare Policy and Innovation conducted a National Poll on Healthy Aging (NPHA) in January 2023, which asked 2,563 people between the ages of 50 and 80 about their social connections and any feelings of isolation they were experiencing in their lives. The poll’s findings revealed that many older people, [...]
In recent years, there has been a shift in mindset among senior living providers about showing pricing on their websites. In the past, you would rarely find senior living pricing clearly displayed on a community’s website. This was no oversight; it was a conscious choice based on an understanding of most people’s decision-making process. On [...]
When family caregivers and home health care providers are no longer able to meet a person’s care needs, some families make the decision to move their loved one to a skilled nursing facility, also called a nursing home. It’s important to understand the potential costs of long-term care in a nursing home as well as [...]
After being postponed due to the pandemic, the long-anticipated reality TV show “The Golden Bachelor” has finally hit the airwaves on ABC, and it is creating quite a buzz! To promote their show, ABC has even coordinated watch parties at active adult communities, senior centers, and long-term care communities across the country. But while the [...]
In last week’s blog post, we shared how a home care provider’s assistance with activities of daily living (ADLs) can help older people remain in their home and independent for as long as possible. But we also shared that the cost of an in-home care provider is not typically covered by Medicare; it must be [...]
According to the most recent AARP Home and Community Preferences Survey (2021), a large majority of older people plan to remain in their current home as they age: 77% of those age 50+ and 85% of those age 65 and older. But research also shows that 3 out of 5 people will need some level [...]
You’ve probably heard the quote “Getting old ain't for sissies,” which is typically attributed to Bette Davis. Most of us would agree! As we grow older, our bodies often start to feel the wear and tear of a lifetime of use, and in some cases, a health issue or even a health crisis may arise. [...]
We’ve written before about the ever-growing demand for “green” retirement communities — 55-plus communities that put a focus on planet-friendly design and practices. It is clear that the senior living industry must find ways to develop the “green” housing options that today’s seniors are clamoring for. Increasingly, the evidence shows that green senior living communities [...]
